TO N. I. BUKHARIN

Written:Written in March–April 1921Published:First published in 1925 inLenin Miscellany IV.

      Printed from the original.Source:Lenin
	  Collected Works,

      Progress Publishers,1971,

      Moscow,Volume 36,

      page539.Translated:Andrew RothsteinTranscription\Markup:R. CymbalaPublic Domain:Lenin Internet Archive.You may freely copy, distribute,
	display and perform this work, as well as make derivative and
	commercial works. Please credit “Marxists Internet
	Archive” as your source.•README

Thequestion is of theoretical interesttoo:

theproletarian state powerholdsa material base{{

factories
railways
foreign trade.

Consequence:in its hands is acommodity stockand itswholesale(railway) transport.

Whatis the proletarian state power doing with this stock?Selling it:(α) to the workers by hand and brain for money,or for their labour without money;(β) to the peasantsfor grain.

Howdoes it sell? Through whom?

Throughacommission agent(=a trader) for his
percentage on commission.

Itgives preference to the co-operatives (trying to
organise the entire population in them).

Whyis thisimpossible? Yet this iscapitalism+socialism.